COMP up +30.59%, BTC +0.45%, Compound is The Coin of The Day – Daily Market Update for Jun 25, 2023 | CoinCodex

Key highlights:

• The whole cryptocurrency market cap elevated from $ 1.20T to $ 1.21T prior to now 24 hours, representing a 0.38% change
• The Bitcoin worth at press time is $ 30,864 after rising by 0.45% within the final 24 hours
• The whole crypto buying and selling quantity elevated by 0.38% prior to now 24 hours, and is at the moment at $ 170.51B
• All costs and modifications are offered on the time of publication: June 25, 2023, at 06:00 UTC

Market Overview

The whole cryptocurrency market cap is at the moment $ 1.21T after a 0.38% enhance on the day. The whole crypto buying and selling quantity elevated by 0.38% in the identical time-frame.

Bitcoin is buying and selling at $ 30,864 after seeing a 0.45% acquire within the final 24 hours. The Bitcoin dominance grew by 0.09% and BTC at the moment represents 49.62% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 598.98B after gaining 0.45% within the final 24 hours. In line with our forecast, the worth of Bitcoin will drop by -2.04% and attain $ 30,233 by June 30, 2023. To be taught extra about how the value of Bitcoin might change over the following 7 days, go to our Bitcoin worth prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,906.29 and has a market capitalization of $ 229.57B. ETH elevated by 0.72% within the final 24 hours. Should you’re fascinated by the place the value of Ethereum might head subsequent, try the Ethereum worth prediction.

There have been additionally some modifications right this moment within the rating among the many high 10 largest cash by market cap.

• TRON, which was beforehand ranked 9, is ranked at 8.
• Litecoin, which was beforehand ranked 8, is ranked at 9.

Bears Dominate the Market At this time

The bears dominated the market right this moment as 82% of cash misplaced worth within the final 24 hours.

At this time’s High Gainers are Compound, Waves, and Aave

Because of a 30.59% worth enhance, Compound was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Waves got here in second place, with 24-hour good points of 27.23%. Aave, Bone ShibaSwap and Kava full right this moment’s checklist of the highest cryptocurrency gainers.

At this time’s High Losers are Threshold Community Token, Bitcoin Gold, and Ethereum PoW

Sadly, not all cash carried out nicely right this moment. The worst performer within the cryptocurrency high 200 was Threshold Community Token, which noticed a lack of -8.62%. Bitcoin Gold additionally did not carry out nicely, as its worth declined by -7.26% within the final 24 hours. Ethereum PoW, Open Campus and Masks Community spherical out right this moment’s high 5 worst performers.

FLEX Coin reached new All-Time Excessive after gaining +295.00% within the final month

The next cash within the cryptocurrency high 200 hit new all-time excessive costs right this moment:

Congratulations to the HODLers!

Coin of the Day is Compound

Because of its spectacular 30.59% efficiency, Compound is right this moment’s coin of the day! Compound is at the moment buying and selling at $ 40.25. Be taught extra about Compound and its place out there on our Compound worth prediction web page.

Our technical indicators present that the present Compound sentiment is Impartial.

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